Litecoin Litecoin was created by former Google engineer Charlie Lee and is one of the first “altcoins” – the name given to cryptocurrencies other than Bitcoin (and sometimes others other than Ethereum). “Litecoin is the second oldest cryptocurrency, which was replaced by Bitcoin in 2011,” says Jay Blaskey, digital currency expert at BitIRA. “It was designed to be used for quick, secure and affordable payments.” Think of it as bitcoin going …
Bitcoins Bitcoin is the first and most popular cryptocurrency. It helps peer-to-peer value exchange in the digital domain by using decentralized systems, cryptography, and methods to achieve global consensus on the status of public ledgers that are updated periodically. called “blockchain”. Clearly, Bitcoin is a form of digital currency that (1) exists independently of any government, state or financial institution, (2) can be transferred worldwide without the need for an intermediary and (3) ) has …
